Polybutadiene (BR) Market is Anticipated to Expand upto $27.92 Billion in 2029

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What Is the Forecasted Market Growth Rate of the Polybutadiene (BR) Industry?
The market size of polybutadiene (br) has experienced consistent growth over recent years. It is projected to increase from $21.78 billion in 2024 to $22.71 billion in 2025, with a compound annual growth rate (CAGR) of 4.3%. Factors contributing to historical growth include tire manufacturing, production of rubber goods, and the creation of adhesives and sealants, as well as its use as an impact modifier.

How Will the Polybutadiene (BR) Market Size Evolve From 2025 to 2029?
In the forthcoming years, strong expansion is anticipated in the polybutadiene (br) market as it is projected to reach $27.92 billion in 2029 with a CAGR of 5.3%. This growth within the predicted time frame is due to green and sustainable materials, advancements in the automotive industry, pioneering trends in the tire industry, and enhanced rubber products. The significant trends lined up for this forecast period include bio-based polybutadiene, high cis polybutadiene, personalized polymer blends, and recycled polybutadiene.

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What Are the Main Growth Drivers in the Polybutadiene (BR) Market Today?
The polybutadiene market has seen significant growth, largely thanks to its increased use in the production of high-quality tires. Tire manufacturing accounts for approximately 70% of global polybutadiene production. Following the curing process, BR acquires properties such as abrasion resistance, poor wet traction, and reduced rolling resistance due to its low glass transition temperature. It's also frequently used in truck tire sidewalls to enhance abrasion resistance and diminish wear. Companies like UBE Industries utilize BR in tire production for its superior physical properties like rebound, tensile strength, and heat buildup, as well as its excellent processability properties including mixing, roll banding, and extrusion.

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Which Polybutadiene (BR) Market Segment Is Expected to Lead Through 2029?
The polybutadiene (br) market covered in this report is segmented -

1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene
2) By Sales: Online, Offline
3) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals

Subsegments:
1) By Solid Polybutadiene: High-cis Polybutadiene, Low-cis Polybutadiene, Medium-cis Polybutadiene
2) By Liquid Polybutadiene: Hydrogenated Liquid Polybutadiene, Non-Hydrogenated Liquid Polybutadiene

Which Market Trends Are Expected to Dominate Polybutadiene (BR) Industry Growth?
The synthesis of Neodymium Polybutadiene (ND-PBR) rubber is a burgeoning trend in the Polybutadiene rubber market. Neodymium, known for catalyzing synthetic Polybutadiene, is widely recognized for its robust elasticity and resilience to dynamic stress across extreme temperatures. Its applications are diverse, spanning the manufacture of tires, conveyor belts, golf balls, footwear, and more. For example, Lanxess, notable for producing neodymium polybutadiene rubber, churns out around 0.14 million tons of ND-PBR annually.

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Which Companies Hold the Largest Market Share in the Polybutadiene (BR) Sector?
Major companies operating in the polybutadiene (BR) market include LG Chem Ltd., Versalis SPA, China Petroleum & Chemical Corporation, JSR Corporation, Reliance Industries Limited, Lanxess AG, Kumho Petrochemical Co. Ltd., Goodyear Tire & Rubber Company, UBE Industries Ltd., Synthos SA, Evonik Industries AG, LyondelBasell Industries NV, Zeon Corporation, Nizhnekamskneftekhim, Firestone Polymers LLC, SIBUR International GmbH, Arlanxeo, China National Petroleum Corporation, PetroChina Company Limited, Formosa Petrochemical Corporation, Indian Synthetic Rubber Limited, Asahi Kasei Corporation, Sumitomo Chemical Co. Ltd., Saudi Aramco, Saudi Arabia's Basic Industries Corporation, Kuraray Co. Ltd.

Where Is the Polybutadiene (BR) Market Experiencing the Highest Growth?
Asia-Pacific was the largest region in the polybutadiene (BR) market in 2024. Western Europe was the second-largest region in the global polybutadiene (br) market. The regions covered in the polybutadiene (BR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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